Week 15: Breaking Even from Previous Week’s Lost then Diversifying

A lot has happen last week. As the market’s volatility rages on because of the Eurozone conferences, most of my trades and stop losses has been hit with a loss. I’m just breaking even right now for the losses from last week.

I’ve been also preparing to “invest” in the stock market. Just to hedge the underlying “riskiness” of forex trading. I say invest and not trade, because I’ll be entering the stock market only for the long term goal and cash flow. The strategy for me investing in the stock market is for a less risky, long term, income generating approach. While my forex trading will be my aggressive side. Never put all your eggs in 1 basket as they say.

Anyone also investing in the stock market? What’s your favorite stock?

  • ksafan0

    I am planning to foray into forex. Almost finished setting up my mt4 and mt5 for demo trading. Which broker would you recommend?